KPP Advisory Services LLC Buys 6,024 Shares of Capital Group Core Bond ETF (NYSEARCA:CGCB)

KPP Advisory Services LLC lifted its position in Capital Group Core Bond ETF (NYSEARCA:CGCB) by 9.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,081 shares of the company’s stock after acquiring an additional 6,024 shares during the period. KPP Advisory Services LLC owned approximately 0.76% of Capital Group Core Bond ETF worth $1,782,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Advance Capital Management Inc. increased its stake in Capital Group Core Bond ETF by 46.1% in the third quarter. Advance Capital Management Inc. now owns 18,551,789 shares of the company’s stock valued at $499,971,000 after purchasing an additional 5,850,199 shares in the last quarter. Stifel Financial Corp increased its position in shares of Capital Group Core Bond ETF by 344.1% in the 3rd quarter. Stifel Financial Corp now owns 1,138,282 shares of the company’s stock valued at $30,677,000 after buying an additional 881,968 shares in the last quarter. American Financial Advisors LLC increased its position in shares of Capital Group Core Bond ETF by 5.6% in the 3rd quarter. American Financial Advisors LLC now owns 875,459 shares of the company’s stock valued at $23,594,000 after buying an additional 46,380 shares in the last quarter. Valmark Advisers Inc. raised its stake in Capital Group Core Bond ETF by 4.8% during the 3rd quarter. Valmark Advisers Inc. now owns 804,333 shares of the company’s stock worth $21,677,000 after buying an additional 36,641 shares during the period. Finally, Southern Style Financial Inc. bought a new position in Capital Group Core Bond ETF during the fourth quarter worth about $17,992,000.

Capital Group Core Bond ETF Price Performance

NYSEARCA:CGCB opened at $25.85 on Monday. The stock has a 50-day moving average price of $25.94 and a two-hundred day moving average price of $26.35. Capital Group Core Bond ETF has a 1 year low of $25.21 and a 1 year high of $27.24.

Capital Group Core Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 31st will be paid a dividend of $0.072 per share. The ex-dividend date of this dividend is Friday, January 31st.

About Capital Group Core Bond ETF

The Capital Group Core Bond ETF (CGCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in US and non-US bonds rated as investment grade. Holdings may also include other debt securities and derivatives. CGCB was launched on Sep 26, 2023 and is issued by Capital Group.